Sebi chairman Tuhin Kanta Pandey clarifies market dynamics influencing stock valuations. He emphasizes investor choice in IPO subscriptions, highlighting the role of disclosures. Pandey addresses concerns regarding high IPO valuations and preferential issues. He also discusses reforms aimed at easing Foreign Portfolio Investor registration and the potential introduction of a closing auction mechanism.
NSE shares fall 2%, trade marginally above IPO price after debut. Why are Macquarie, other brokerages bullish?
NSE shares fell by 1.6% to Rs 1,790 following its stock market debut on Thursday. Brokerages Macquarie and Emkay assigned positive ratings, citing growth potential